Real Estate

$8.25M Penthouse Sale Sets St. Petersburg Record: Realtor

The sale of the penthouse at Saltaire, 301 1st Street S., is the highest-price condo sale ever in St. Petersburg, Smith & Associates said.

ST. PETERSBURG, FL — The $8.25-million sale of a penthouse has set a St. Petersburg record.

The sale of the penthouse at Saltaire, 301 1st Street S., is the highest-price condo sale ever in St. Petersburg and in the entire Tampa Bay area this year, according to a Smith & Associates news release.

It’s also the third-highest condo sale in the history of the Tampa Bay area.

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Smith & Associates represented both sides in the transaction.

Jacki Fabrizio brought the property, which closed in three months, to market in February. Chris Pitre represented the buyers.

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"Not only is this a top sale, but the penthouse was sold finishless as a blank slate, with the amenities of Saltaire, the downtown St. Pete location, and the spectacular city and water views being the priority,” Fabrizio said. “The new owner has an incredible vision for this residence and will be able to completely customize the home’s interior design.”

Perched on Saltaire’s 35th floor, the penthouse offers more than 6,100 square feet with more than 1,700 square feet of private outdoor space spread across three balconies.

The penthouse offers 280-degree views, four bedrooms, 5.5 baths, a sprawling living space and access to Saltaire’s amenities.

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